500.com Ltd. (WBAI) Reports Q1 EPS of RMB0.82

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Go back to 500.com Ltd. (WBAI) Reports Q1 EPS of RMB0.82

500.com Limited Announces Financial Results For the First Quarter of 2017

May 10, 2017 7:30 AM EDT

SHENZHEN, China, May 10, 2017 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), a leading online sports lottery service provider in China, today reported its unaudited financial results for the first quarter ended March 31, 2017.

Temporary Suspension of Online Lottery Sales

Since March 2015, all provincial sports lottery administration centers to which the Company provides sports lottery sales services have temporarily suspended accepting online purchase orders for lottery products in response to the Notice related to Self-Inspection and Self-Remedy of Unauthorized Online Lottery Sales, (the "Self-Inspection Notice"), which... More